/biz/ - Business & Finance

>>25651857
lol, maybe

>>25651857
I’d say we’re at Public.

Media talks about this everyday.
Easily in the media attention phase.

>>25651857
Pretty sure we're at delusion.

>>25651943
yes when you have albanians on instagram posting BTC prices its pretty much time to sell

>>25651857
first sell off will be at 100k

>>25651857
>stealth/awareness phase

>>25651857
>implying we are not in despair
>we should have been 200k long time ago

Get ready

>>25651977
is this really happening already?

>>25652054
sunnydecree is literally albanian as he is from switzerland, so yes, it's happening since quite some time

I find it incredibly fascinating that this cycle could repeat like this again.

>>25651857
No. Lets be realistic
We are between media attention and enthusiasm

>>25652054
yes this guy has no education and he works for a clothes washing store kek

>>25651857

nah boys bitcoint will touch 45k and then dip down below 10k again. screenshot this post.

>>25651857
Bitcoin has no institutional investors yet.

so when do I sell lol

>>25652253
Nice

>>25651857
Return to the mean. We are now where we should be on the overall trendline.

No, OP. We are at public phase, we just passed the bear trap. Look at the pathetic tether FUD atempts in this board.

>>25652143
No, we are definitely between enthusiasm and greed if not delusion. Everyone on this sub is thinking it's gonna hit 100k within the month, there's widespread media attention, widespread attention around the damn planet, miners in fucking Nigeria, facebook, instagram, youtube, etc. Give it another 2 weeks until we reach the top, one month max.

>>25652253

You read my mind anon.

OP is larping

I've read dozens of"new paradigm "posts and idk if its some pasta

How new are you faggots? We're not even at 2x from previous cycle's ATH. And you think the bull run is over?
This is like saying 2k btc in early 2017 is the top


>b-but media attention!
Obviously the larger the market cap the more commonly talked about something becomes. This reminds me of the retards who sold early in 2017 because they saw a handful of people mention BTC at around the same amount of attention it got during the 2013 run.
BTC hype at EOY is going to be some straight up pokemania tier shit

>>25651857
based oldfag

>>25652418
We're going to correct, its just impossible to time it for a swing or short. Couldve been from 30 to 20k. Could be from 40 to 30k. Or will it be 50 to 40k? You don't know, and you're more likely to mistime it than get it right. Therefore its best to hold and wait for the bull market to continue on as it did in past cycles

>>25652418
There is not even enough media attention yet. Crypto is not just this board, anon.

>>25651857

Dude we are at the beginning of the chart. Bitcoin is a new paradigm. We will go to 10 million next month.

>>25651857
No OP we're at Enthousiasm, almost entering Greed.

Go to your local news website. Look for bitcoin. My head if they haven't posted any article when it broke 30K

>>25652418
>everyone on this sub

>>25652651
basado

>>25651857
We're between media attention and enthusiasm

>>25652668
This means we are at peak? Should I sell?

>>25651857
I bought 0.3 of a btc at 17k. I also hold 1 eth. Will I make it?

>>25652418
Really? It's barely in the media here.

>>25653154
You will not in the tent cities, but instead in a very nicely specced Toyota Carolla.

>>25651857
I feel like we just hit the enthusiasm portion and will be heading into greed at 40k and delusion at 50K and 60k will be the new paradigm

>>25651857

Start of Public phase.

>>25651857
just a reminder to all the retards who will tell you that BTC won't dump this time because "institushuns" are involved this time

Institutional investors have some of the weakest hands on the planet. Because they all have clients they are answerable to, and most of these clients have very limited risk tolerance.
If institutional investors had strong hands, there would never be stock market crashes.

>>25653518
This.

I would have said we were in the Mania phase in 2017, but here we are again...

>>25653624
to add, the big money institutional investors have funds with very low risk tolerance (think pension funds) and would never touch something as volatile as Bitcoin with a bean pole.
Sure, some institutional money will flow into BTC, but if you think the investors that buy the S&P 500 are going to buy something that moons and drops 10% on the daily, you're deluding yourself.

Can't tell your pension fund that you lost their pensions on meme numbers, can you?

we're probably at Greedy or Delusion.
The first Sell of/Bear trap was long ago when the lockdown was announced and it dipped from 12k to 4k

>>25651857
Wrong.

>>25652418
>Everyone on this sub

Days to despair dear BTC holders. BOR is around bear trap. Buckle up borbros

>>25652512
Do you UNIRONICALLY think you can regard this in terms of multiplication, and not the actual price?

Sure, we're "only" 2X from the original ATH, but we're also $20,000 above the original ATH of $20,000. The jump from $100 BTC to $1000 BTC is 10x, but it's still "only" $900.

These jumps will get you diminishing returns. BTC doesn't just intrinsically multiply.

>>25654353
This. People ITT clearly don't understand large numbers

>>25651857
we're at the tether phase, more specifically, the BRRRRRRRRRRRRRRR phase.

>>25651943
>Pretty sure we're at delusion.
Delusion 100%, there is already talk of new paradigm since people are already saying BTC will go to 200.000$ which is impossible due to transaction costs.

>>25652253
lol , no , get fucked normie.

>>25652418
Go the fuck back. Seriously, why do you think you have the right to post here? GTFO.

>>25654534
Transaction costs are lower than ever ,despite ammount moved being higher than ever.

COPE

Go to deposit money in the bank and pay them for the privilege of doing so.

GET FUCKED NOCOINERS

>>25651977
>>25652054
Even the huemonkey media is talking about BTC nowadays. Delusion 100%

>>25651926
Media attention is when the news on the tv starts talking about it and normies start mentioning it to eachother

>>25651857
kek no. this is not the first time BTC has gone through this cycle. It's already started going parabolic but I'll grant you it's still early. BTC could drop down to 17k and still be bullish.

>>25651857
Correct

The existence of this very thread proves we're at Delusion stage

>>25651857
We're at 'Delusion'. See you at 20k.

Probably greed. A bunch of my colleagues were gushing about their btc profits after buying in on anywhere between 10k to 20k, and the mainstream finance media in my country added daiky btc price % ticker next to NYSE, NASDAQ etc and makes an article or two every other day.

>>25651943
>ITT: People who weren't around for 2016
We have a few more months

>>25652418
Upvoted

Denial incoming, look at the Graph you mong.

>>25651857
You're at public anon

>>25651857
If my normie Gf is talking about it is past the public stage

>institutional investors have been publicly saying how much btc they've been grabbing since before November
>HURR WE DA SMART MONEH
Also, imagine thinking btc will ever have a stealth phase. That chart is intended for new "fads", stocks, etc. Not something that's been plastered all over the news 4 years ago. Everyone knows about btc, even if they stopped caring after 2017

>>25651857
Didn’t this exact same pattern happen in 2017/2018? There was widespread coverage then, all my normie friends bought then. What is different this time?

My normie sister owns XRP. But this run is the god king run. If ever there was a godking run this is it and it's staring you in the face. If you really think it isn't and that history repeats itself, then worst case hold scenario you are at a new ATH in under 5 years on another run.

>>25655571
Global pandemic, devaluation or currency on a massive scale, way more institutional buying, oh and a looming possibility of civil war.

>>25655673
>my shitcoin which relies on the internet will be useful in a civil war
kek

>>25651897
this, the same coiworkers that FOMOed at the office at 10k 2018 are now doing the exact same shit. I'd say we hit 50-60k in 4weeks and then it crashes back down to sub 20k

I faintly seem to recall people posting that chart early 2018 to explain why people should "hodl" since we were just about to "taking off".

>>25655603
Yeah but every idiot getting into crypto eventually gets XRP because of how affordable it is despite not knowing anything about it or why it's so affordable.

>>25655729
>Getting my legs blown off by some radicalized methhead trailer trash or a radicalized soi-boi commie fagget
No. It's to get my wealth out of whatever country they are destroying. Gee, I sure can't wait to fight in some gay war for the powers that be so I can fire off cancerous machine gun rounds and get my dick blown off by an Amazon sniper drone.

>>25655554
Everybody knew about the internet before that bullrun went crazy. That bubble burst in early 2000 at a ten trillion MC. Even by year 1990 the public knew about computers and the internet. We are in i’d say in terms of public awareness in crypto as a comparison about the equivalent of 1998 internet awareness

i'm a normie who fomod in 2017 and got out after the crash. just came back but i can tell you i won't be making the same mistake twice by selling

>>25654353

mmm, are you retarded?

>>25652418
Everytime.

One thing I’ve learned is that it never hits the number the entire market is saying. For the low in 2018 everyone was calling for 1k, didn’t happen, now everyone is saying 100k.

>>25652418
REEEEEEEEEEEEE!
GET THE FUCK OUT REDDITOR!
FAGGOT NIGGER KIKE NIGGER

>>25652311
dubs of truth.

>>25655268

>zooooom out

>tether printer out of control
>can't even do shit due exchanges collapsing
>even niggers are in
>"t-take off guys"

>>25652253
based

Unironically when anons start posting this pic on /biz it always happens at take off phase. we still have a long way to run, boys. no stopping until $100K

>>25652418
>everyone on this sub

Fuck off

>>25654568
Based

>>25652339
As soon as possible. During the last weeks I sold every couple of days a bit to spread my risk and still profit from the bull run. But I just sold my last 10%.

>>25658087
good for you, taking profits is never bad. I've sold about one third of my position but I would have sold more if I wasn't a degenerate gambler.

It's not over yet.

>>25654353
>BTC doesn't just intrinsically multiply
It will only stop multiplying somewhere around $20,000,000.

we're clearly somewhere between delusion and greed
the end is nigh

>>25655268
>20k is now considered "bearish"
amazing

>>25655729
they make bitcoin satellite tech, don't you know?
you can literally spend bitcoin with anywhere there's a power generator

When you told me to exchange my ETH for BTC when it goes to 0.05 did you mean this ratio?:
https://www.binance.com/en/trade/ETH_BTC
If it was bullshit, when do you think I should exchange?

>>25651857
late delusion or new paradigm

>>25651857
Kinda delusional not gonna lie

>>25654568
>>25652253
According to this, it is over for this time. See you next year again.

>>25651926
this anon is correct the first sell off was in march

>>25652651
>they don't fomo
>reality
>Saylor fomos with $650M over the period of two days pumping btc violently above ath

>>25651857
We are currently at enthusiasm/greed.

>>25659295
can brainlets stop posting this graph as if it means anything it only shows the trends in relative terms
we have albanians and porn stars shilling this shit now and no one is actually using this stuff except to dump it on someone else at a higher price

>>25653094
What?
I think you read the post wrong.

>>25659706
yeah he was literally trying to accumulate in the high 19k range, then fomo'd in well past 20k after he got frontrunned by a tether coordinated scam wick that rocketed us over 20k
it will still work out in that brainlets favor if he starts taking profit now, but that guy is clearly a textbook bagholder

>>25659923
those institutions that buy in are shockingly dumb, they behave like a random normie but with orders of magnitude more money.
I finally realized that western elites in general are just shockingly incompetent in literally every sector except tech because they were shielded from real competition for generations. It's all about inheriting social networks.
Tech is the sole exception because it's new enough to still have self-made people in charge.

>>25652130
Would be nice if i could catch it next time

>>25659828

>>25660446

>>25651977
some albanians I know bought up all through the bear in 2018-19


they arent super retarded

>>25654885
which is exactly what is happening right now. Even my family got into bitcoin three weeks ago and they have no idea what it is

>>25660582
>bitcoin
>Three weeks ago
Damn hope you put alot in, anon

dont worry amazon traded at 3.5k so 100k for btc not enough

>>25652116
He's not some random Albanian though, he's a Bitcoin YouTuber. What do you expect him to talk about? When you hear random street Albanian talking about it, then we're in trouble. t. Swissfag

>>25652336
And it won't? Banks are allowed to use stablecoins (whatseventhepoint?), Btc isn't

Personally i'm waiting for people I know at my job to start talking about it, as soon as I hear bitcoin mentioned by the normies, i'll start selling. I say we're months away from that

>>25655268
Try again.

>>25656262
interesting, over the course of the next five years, where do you think BTC will cap at?

>>25662575
Why wouldn't you want normies to know about the currency you're invested in?

>>25652418
I have updooted your post, good sir

>>25651857
based and saylorpilled
https://m.youtube.com/watch?v=UzlOTgkqfMk

>25652651
Came here to post this. There will be no crash.

>>25655763
You'd expect people who got in late the last time to get in proportionally earlier this time.

>>25654353
Yes, there are diminishing returns. I'm not claiming we're going to see a 20x from previous ATH. But if you think that's going to lower all the way to a mere 2x for this cycle, you're fucking retarded.

It's probably going to ATH at 100k-200k late this year.

I decided to come out of cash and more into bitcoin.

Put a small chunk in today.

I left a big chunk in case it dips. If it dips, I will just throw everything at that dip.

I really want it to dip. I had some nervous FOMO feelings earlier but so long as I leave a big wad to throw at a dip then what's to worry about?

If it doesn't dip, glad I threw that small chunk in today. If it does dip, I'm ready.

>>25664763
That's the thing. I threw a whole lot into Bitcoin back in the November of 2017 and while initially I thought it was a dumb move I am still coming out ahead.

Since 2018 I have been slowly buying BTC and ETH in increments while using them for local payments instead of cash.

>>25652311
That would be the best thing possible hoooooly

>>25656012
Can confirm

>>25656012
Can second this. Will always hold a few XLM and XRP since it's so accessible to people that have no clue wtf is happening.

>>25655763
25k after dump